Pityoo,
You are only going to misguide yourself with such simplistic approach.
The majority of CVN's value lies in the currently producing permit, no-one is yet ascribing much to the other permits, nor to cash. CVN will ramp up production further in this permit, however due to the way Thai taxes work the extra will not be worth that much, nor will the increasing poo.
COE has a heap of cash, the minority of their value lies in currently producing assets. COE will also ramp up prduction hugely in coming months, but it will be short term without further discoveries, however with flat and low taxes close to 50% of any extra will flow straight to the bottom line.
Chalk and cheese.
EL
Pityoo,You are only going to misguide yourself with such...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $724.4K | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 279612 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 485773 | 5 |
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| CVN (ASX) Chart |